Impact of Paid Parking at Parker Road Upon Availability of Parking at George Bush Station
Paid parking Began at Parker Rd
1200 1,031 1000 1,004 947 1,044 990 1,138

George Bush Station
Increase in 383 Vehicles between March and September

800

755

600 438

Parking Spaces in Use Vacant Spaces

400

200

246 162 189

203 150 55

0 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12

9

Impact of Paid Parking at N. Carrollton-Frankford Station
600 529 500

Non Resident Paid Parking Began

412 400 366 366 365

407 352

300

317

Total In Use Residents Non Residents

200 165 128

Decline of 152 Non Resident Vehicles

100

Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12

10

Impact of Paid Parking at N. Carrollton-Frankford upon Parking Availability at Trinity Mills
600 Paid Parking Began at North Carrollton 537 500 494 494 Increase in 168 vehicles between March & September

Net Financial Impact of Non-Resident Parking
Without Shift of Non-Residents to George Bush and Trinity Mills
Parker, Carrollton, NWPlano

Apr-12

May-12

Jun-12

Jul-12

Aug-12

Sep-12

Total

Revenue ($)

56,715
74,355 3,800 78,155 (21,440)

52,960
47,776 3,800 51,576 1,384

53,108
41,114 3,800 44,914 8,194

47,939
39,901 3,800 43,701 4,238

52,193
46,957 4,801 51,758 435

56,873
39,653 4,802 44,455 12,417

319,788
289,756 24,803 314,559 5,229

Expenses ($) Management Fee ($) Total Expenses ($) Net Revenue

13

Summary Points after 6 Months
• Non-residents shifting to free lots has reduced approximately $100,000 in revenue during the first six months.
• Platinum has reduced costs by approximately 27% in an attempt to adjust to lower revenue. • Despite reductions, it is unlikely that the program will be able to break even without changes in the program.
10/19/2012 14

Potential changes based upon lessons learned
• Expand to nearby lots to capture more non-resident customers who have shifted. • Reduce costs further by spreading labor over more stations.
• Reduce costs by using existing DART staff at Parker Road and Arapaho to register residents for Plano and Richardson.
10/19/2012 16

Revenue Cost Analysis if Program is expanded and Part of Registration taken over by DART
Lots
Carry over Losses Dec. 12
23,000

Lessons Learned After Six Months
• Paid Parking is effective at shifting terminal station demand to next stations as an alternative to building more supply. • Parking revenue has not exceeded expenses after six months of operation even with substantial cost reductions. Without changes, it may not exceed costs. • Platinum’s method of registering resident vehicles is an effective method for residents to obtain free parking at a paid lot.
• Paid parking does not appear to have caused a reduction in transit ridership during the demonstration.
20

Unintended Consequences
• Residents reacted positively to paid parking for nonresidents at Parker Road and N. Carrollton Stations. • Residents at next station in reacted negatively to the increased usage at George Bush and Trinity Mills.
• Pricing at terminal stations caused disabled parking to exceed supply at George Bush and Trinity Mills.